Netherlands: Jewelry Market 2024

Jewelry Market Size in the Netherlands

The Dutch jewelry market surged to $X in 2021, picking up by 46% against the previous year. Overall, consumption posted a remarkable increase. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Jewelry Production in the Netherlands

In value terms, jewelry production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, saw a deep downturn. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Jewelry Exports

Exports from the Netherlands

In 2021, shipments abroad of jewelry was finally on the rise to reach X tons after two years of decline. Over the period under review, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of 206%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, jewelry exports contracted rapidly to $X in 2021. In general, exports showed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 387%. As a result, the exports reached the peak of $X, and then dropped significantly in the following year.

Exports by Country

Germany (X tons), Belgium (X tons) and France (X tons) were the main destinations of jewelry exports from the Netherlands, together accounting for 53% of total exports. The UK, the Czech Republic, Poland, Italy, the United States, Switzerland, Hong Kong SAR and Norway lagged somewhat behind, together comprising a further 14%.

From 2012 to 2021, the biggest increases were in the Czech Republic (with a CAGR of +45.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Switzerland ($X) and the UK ($X) were the largest markets for jewelry exported from the Netherlands worldwide, with a combined 54% share of total exports. Belgium, France, Italy, the United States, Poland, Hong Kong SAR, Norway and the Czech Republic lagged somewhat behind, together accounting for a further 26%.

In terms of the main countries of destination, Poland, with a CAGR of +36.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average jewelry export price amounted to $X per kg, shrinking by -66.2% against the previous year. In general, the export price, however, enjoyed a pronounced increase. The pace of growth appeared the most rapid in 2020 an increase of 405%. As a result, the export price reached the peak level of $X per kg, and then contracted significantly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Switzerland ($X per kg), while the average price for exports to the Czech Republic ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+55.0%), while the prices for the other major destinations experienced more modest paces of growth.

Jewelry Imports

Imports into the Netherlands

In 2021, purchases abroad of jewelry increased by 18% to X tons, rising for the third year in a row after two years of decline. Over the period under review, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +10.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +78.7% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of 81%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, jewelry imports reduced sharply to $X in 2021. Overall, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 116% against the previous year. As a result, imports reached the peak of $X, and then plummeted in the following year.

Imports by Country

Germany (X tons), the United States (X tons) and Thailand (X tons) were the main suppliers of jewelry imports to the Netherlands, together comprising 42% of total imports. China, Italy, Belgium, Denmark, France, the UK, Turkey, India, Israel and Hong Kong SAR lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Israel (with a CAGR of +46.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Turkey ($X) and Germany ($X) constituted the largest jewelry suppliers to the Netherlands, with a combined 46% share of total imports. These countries were followed by the United States, Thailand, Italy, the UK, Belgium, China, India, Denmark, Israel and Hong Kong SAR, which together accounted for a further 44%.

The United States, with a CAGR of +30.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average jewelry import price amounted to $X per kg, shrinking by -37.2% against the previous year. Overall, the import price, however, posted a slight expansion. The most prominent rate of growth was recorded in 2020 an increase of 81%. As a result, import price reached the peak level of $X per kg, and then contracted markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per kg), while the price for China ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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